THE DRILL SERGEANT: Burkina Faso-focused gold explorer Ampella Mining has released results to the Australian Securities Exchange of first pass drilling from the regional Foumbiri prospect located on the company’s 100 per cent-owned Batie West project. The drilling across the Foumbiri gold anomaly is the first of five regional drill programs Ampella is to carry […]
THE BOURSE WHISPERER: Multi-commodity exploration play Monax Mining has increased its land holdings following a tenement purchase on the Yorke Peninsula, South Australia. The company has purchased EL 3922, which takes its tenement position on Yorke Peninsula to four exploration licences, covering an area of 401 square kilometres. The Yorke Peninsula is located within the […]
THE BOURSE WHISPERER: Australia-based exploration and mining company East Coast Minerals has entered into a conditional agreement through its major shareholder Exchange Minerals to acquire an 80% shareholding in the ECM Lithium Group. ECM Lithium Group subsidiary company, ECM Lithium AT GmbH has subsequently entered into a conditional contract with third party vendor Kärntner Montanindustrie […]
THE DRILL SERGEANT: Bulk minerals exploration play Sheffield Resources announced results from a 90 hole drilling program at its West Mine North heavy mineral sand (HMS) project. The West Mine project is located six kilometres west of Eneabba in the Mid-West region of Western Australia. In its announcement to the Australian Securities Exchange Sheffield said […]
THE BOURSE WHISPERER: Aquila Resources has been given the environmental thumbs up by the Environmental Protection Authority for the West Pilbara iron ore project (Aquila 50%) in the Pilbara region of Western Australia. The EPA has recommended environmental approval for the mine and rail facilities for the project. “Having made a substantial investment in the […]
The danger of reaching the exit door of the Australian Securities Exchange first is that you could get stuck there holding it open for the rest to get out first. Investors opened the week falling over each other in a bid to sell off shares as the Australian market shed a further $35 billion in value […]
THE DRILL SERGEANT: RC drilling carried out by Perth-based Northern Territory-focused gold explorer ABM Resources at the northern extensions on its Old Pirate gold prospect has intersected widespread quartz veins. According to the company the intersections include one sample with very high-grade visible gold. The Old Pirate gold prospect is located on ABM’s Twin Bonanza […]
THE DRILL SERGEANT: White Rock Minerals has received assays from recent drilling at the Lady Hampden silver prospect on the company’s 100%‐owned Mt Carrington project in northern New South Wales. Mt Carrington contains an overall shallow Inferred Resource of 190,000 ounces of gold and ten million ounces of silver. Lady Hampden is located on the […]
THE DRILL SERGEANT: Northwest Resources has increased its JORC reported Mineral Resource estimate at the Golden Spec deposit, part of its Nullagine gold and antimony project located in the Pilbara region of Western Australia by 113 per cent to 75,000 ounces of gold and 2,300 tonnes of antimony. In its announcement to the Australian Securities […]
THE DRILL SERGEANT: Mongolia-focused copper exploration play Voyager Resources has told the market it has made a high-grade copper discovery. The company announced initial assay results it has received from the first three RC drill holes on the Cughur discovery at its KM copper porphyry project. The KM Copper gold project is located in the […]
